Just Mortgages reports record month of applications and exchanges

Just Mortgages has announced that it experienced record high volumes for both applications and exchanges in September.

The mortgage adviser revealed there were 1,750 applications and 1,500 exchanges last month and suggested there was a rush to take advantage of the stamp duty holiday.

The number of applications climbed by 20% over August and saw a rise of 40% compared to September 2019.

“This is a really great time to be a broker,” said Spicerhaart and Just Mortgages national operations director, John Phillips. “The volume of people looking to move house is higher than anyone may have expected it to be.

“There has been a massive surge in those looking to move, potentially as a result of people really reflecting on what type of property they want to live in after being stuck in their home during lockdown. The housing market has been one of the few bright spots of 2020.”

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